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FTC and FCC Make Contrasting Judgments on the Antitrust/Competition Issues in the Comcast and Time Warner Acquisition of Adelphia

The Federal Communications Commission and the antitrust authorities, the Department of Justice and the Federal Trade Commission, do not always see eye to eye on the very same competition issues. This was the case for AT&T's mergers with SBC and more recently BellSouth, and for the Verizon/MCI combination - all transactions investigated by the DOJ and FCC. And it was also true in 2006 with respect to the acquisition of the bankrupt cable operator Adelphia by Comcast and Time Warner and the related Comcast/Time Warner swaps - matters handled by the FTC and the FCC and the subject of this article.